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Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.
News

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.
Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
News

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...
News

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...
News

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

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News

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.
News

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.
News

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.
Business

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.

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